Shore United Bank
Shore United Bank reported total assets of $6.1 bn at Q2 2026, up 1.9% on a year earlier, the 243rd largest of 497 banks in our US coverage. The CET1 capital ratio at Shore United Bank was 12.31%, and the uninsured share of Shore United Bank was 17.98%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Shore United Bank slipped from 154th to 407th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Shore United Bank has taken over 3 institutions; the latest was Community Bank of the Chesapeake on (FDIC Call Reports).
What sets Shore United Bank apart
How large is Shore United Bank?
The balance sheet of Shore United Bank at : assets $6.1 bn, deposits $5.4 bn, net loans $4.8 bn (loans equal to 89.38% of deposits). Securities make up 10.7% of total assets at Shore United Bank. Since , when Shore United Bank held $492.5 mn, its assets grew 1,148.3%. In the year to , deposits at Shore United Bank rose 2.0% while its total assets rose 1.9%. At , Shore United Bank employed 612 full-time equivalent staff across 40 offices, about $10.0 mn of assets per employee and $135.7 mn of deposits per office.
How much funding at Shore United Bank is uninsured?
At Shore United Bank, uninsured deposits (above the FDIC limit) made up 17.98% of domestic deposits at (+1.31 pp on a year earlier); Shore United Bank ranks 429th of 500 on this measure. In dollars, Shore United Bank estimated $975.6 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.4 bn | +2.0% | 231st of 499 |
| Net loans and leases | $4.8 bn | +1.0% | 217th of 500 |
| Loan-to-deposit ratio | 89.38% | -0.93 pp | 203rd of 500 |
| Tier 1 leverage ratio | 10.00% | +0.80 pp | 295th of 500 |
| Total risk-based capital ratio | 13.56% | +1.14 pp | 299th of 448 |
| Net interest margin | 3.77% | +0.41 pp | 212th of 500 |
| Return on assets (ROA) | 1.28% | +0.22 pp | 262nd of 500 |
| Efficiency ratio | 53.01% | -1.64 pp | 192nd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $37.6 mn | Narrowed by $7.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $8.4 mn | Widened by $668,000 | |
| Noncurrent loans to total loans | 1.32% | +0.97 pp | 407th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.04% | -0.01 pp | 176th of 500 (1 = lowest) |
US rank of Shore United Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Shore United Bank: assets, deposits and loans
- Total assets $6.1bn
- Deposits $5.4bn
- Net loans $4.8bn
Capital and securities
The CET1 ratio of Shore United Bank stood at 12.31% in , +1.13 pp year on year. Low and high at Shore United Bank since : 9.85% () to 15.05% (). Equity capital of Shore United Bank at : $675.0 mn, or 11.0% of total assets. Shore United Bank also reported a total capital ratio of 13.56% for , and a tier 1 leverage ratio of 10.00%.
On held-to-maturity securities, Shore United Bank carried an unrealized loss of $37.6 mn at , equal to 5.6% of equity capital. The loss narrowed by $7.2 mn over the year. Its deepest point: $77.5 mn in . The available-for-sale portfolio of Shore United Bank showed an unrealized loss of $8.4 mn at ; the loss widened by $668,000 over the year.
Shore United Bank: capital ratios
- Total capital 14%
- CET1 12%
- Tier 1 leverage 10%
Shore United Bank: unrealized securities gains and losses
- Available for sale -$8mn
- Held to maturity -$38mn
Profitability and loan quality
For the year to , Shore United Bank earned a return on equity of 12.02%; return on assets: 1.28%. Net interest margin at Shore United Bank: 3.77%, +0.41 pp in a year. Shore United Bank net income: $39.8 mn, up 21.8% year on year. The efficiency ratio of Shore United Bank was 53.01%: about 53 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 1.32% of total loans at Shore United Bank; net charge-offs: 0.04% of average loans. Gross loans and leases at Shore United Bank: $4.9 bn, up 1.0% in a year.
Shore United Bank: profitability
- Return on equity 12%
- Net interest margin 3.8%
- Return on assets 1.3%
Peer group of Shore United Bank
The peer group of Shore United Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Shore United Bank (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Maryland. Against them, Shore United Bank shows CET1 ratio 12.31% against a peer median of 12.56%, return on equity 12.02% against a peer median of 11.84% and uninsured deposit share 17.98% against a peer median of 37.65%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First International Bank & Trust | State nonmember bank | ND | $6.2 bn | 10.68% | 14.47% | 38.89% | |
| First Financial Bank | National bank | IN | $6.2 bn | 12.62% | 13.45% | 36.41% | |
| Middlesex Savings Bank | State nonmember bank | MA | $6.1 bn | 18.24% | 5.57% | 22.40% | |
| Shore United Bank | National bank | MD | $6.1 bn | 12.31% | 12.02% | 17.98% | |
| CFG Bank | State nonmember bank | MD | $6.1 bn | 12.50% | 13.33% | 14.69% | |
| SmartBank | State member bank | TN | $6.1 bn | 11.38% | 10.34% | 47.93% | |
| Bradesco Bank | State nonmember bank | FL | $6.1 bn | 13.93% | 9.99% | 63.89% | |
. FDIC Call Reports.
Last eight quarters
Two years at Shore United Bank, to : assets +4.0%, deposits +3.7%, equity +13.3%. Staff 597 to 612.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.9 bn | $6.2 bn | $6.2 bn | $6.0 bn | $6.3 bn | $6.3 bn | $6.2 bn | $6.1 bn |
| Total deposits | $5.2 bn | $5.5 bn | $5.5 bn | $5.3 bn | $5.5 bn | $5.6 bn | $5.5 bn | $5.4 bn |
| Bank equity capital | $596.0 mn | $604.3 mn | $617.1 mn | $627.8 mn | $639.7 mn | $648.3 mn | $660.6 mn | $675.0 mn |
| CET1 ratio | 10.60% | 10.75% | 11.09% | 11.18% | 11.49% | 11.75% | 12.18% | 12.31% |
| Return on equity (ROE) | 8.20% | 8.72% | 10.22% | 10.59% | 10.42% | 10.69% | 11.61% | 12.02% |
| Uninsured share of domestic deposits | 17.13% | 16.35% | 17.21% | 16.67% | 16.92% | 16.87% | 16.99% | 17.98% |
| Full-time equivalent employees | 597 | 587 | 590 | 610 | 595 | 600 | 598 | 612 |
| Number of offices | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Shore United Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed The Talbot Bank of Easton, Maryland (FDIC certificate 1893).
- . Absorbed SEVERN SAVINGS BANK, FSB DBA SEVERN BANK (FDIC certificate 32367).
- . Absorbed Community Bank of the Chesapeake (FDIC certificate 30903).
Large one-quarter moves at Shore United Bank
- Total assets at Shore United Bank changed by +126.4% in the quarter to 2016-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from The Talbot Bank of Easton, Maryland.
- Total assets at Shore United Bank changed by +53.0% in the quarter to 2021-12-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from SEVERN SAVINGS BANK, FSB DBA SEVERN BANK.
- Total assets at Shore United Bank changed by +56.6% in the quarter to 2023-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Community Bank of the Chesapeake.
Questions and identifiers
What were the total assets of Shore United Bank?
Shore United Bank reported $6.1 bn at in its Call Report. That makes Shore United Bank the 243rd largest of 497 banks in our US coverage.
Is Shore United Bank the same as its holding company?
No. This page covers Shore United Bank, FDIC certificate 4832; SHORE BANCSHARES INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Shore United Bank profitable?
Shore United Bank reported net income of $39.8 mn for the year to ; annualized return on equity: 12.02%. So yes: Shore United Bank made a profit over these months.
When is data for Shore United Bank next updated?
Figures from Shore United Bank for are due after .
Where can I check the figures for Shore United Bank?
In the FDIC BankFind Suite record for certificate 4832, and in the Call Reports of Shore United Bank (RSSD ID 933023) at the FFIEC Central Data Repository.